GST tariff rate on Resins, Gums, Lacs
Click here to know GST exempted list
Gums, resins and lacs falls under HSN code chapter 13 of GST commodity tariff schedule. The details about GST rate changes for sale of Gums, resins and lacs are being updated here. The notification changes on exemptions for GST for sale of Gums, resins, lacs and other circulars related to GST for sale of Gums, resins are updated in this website.
Update on 18th May, 2017: GST rates for goods
NIL GST RATE;
1. Lac and Shellac [GST HSN chapter code 1301]
5% GST RATE;
1. GST HSN chapter code 1301 Natural gums, resins, gumresins and oleoresins (for example, balsams), other than lac and shellac.
2. Compounded asafoetida commonly known as heeng [GST HSN chapter code 1301]
3. Guar meal or guar gum refined split [GST HSN chapter code 1302]
18% GST RATE;
All goods not specified elsewhere
1. GST HSN chapter code 1302 Vegetable saps and extracts; pectic substances, pectinates and pectates; agar-agar and other mucilages and thickeners, whether or not modified, derived from vegetable products; other than Guar meal or guar gum refined split.
Revised GST Rates on 18th January, 2018
Present rate new rate
13 Tamarind Kernel Powder 18% 5%
Goods and Service Tax (GST) rate tariff in India is designed in 6 categories of goods and services. Four main GST rate slabs framed with Essential goods and services, Standard goods and services and luxury goods and services with 5%, 12%, 18% and 28% respectively. Commonly used Goods and Services at 5%, Standard Goods and Services fall under 1st slab at 12%, Standard Goods and Services fall under 2nd Slab at 18% and Special category of Goods and Services including luxury - 28%. The most essential goods and services attract nil rate of GST under Exempted Categories. Luxury goods and services and certain specific goods and services attract additional cess than 28% GST.
GST rates in India is being finalized within a couple of months, as Goods and Service Tax is being implemented from July 01,2017 in India. The tariff rate of GST to be imposed on various products is also finalized soon. The GST rates are imposed in India under 4 slabs. Each category of slabs is being declared soon by the GST authorities. The GST tariff slabs fall under this category are Gum Arabic, Other Natural Gum, Resins, Gum-resins, Balsams, veg saps and extracts, pectates etc. agar-agar etc., Opium, Saps and Extracts of Liquor ice, Sap and Extracts of Hops, Saps and Extracts of Pyrethrum or of the Roots Containing Rotenone, Other Vegetable Saps and Extracts, Pectin Substances, Pectinates And Pectates, agar –agar, Mucilage and Thickeners Derived from Locust Bean, Locust Bean Seeds or Guar Seeds, Other Mucilage and Thickeners Derived from Vegetable Products
In India, GST for sale of resins, gums and lacs is expected to be charged. Special consideration on exemption of tax is provided by government for agriculture and farming.
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No need to pay GST on purchase of Lac
Nil tariff GST on purchase of Shellac
GST slab rate on, sale or purchase of Natural gums, resins, gum resins and oleoresins
GST slab rate on, sale or purchase of Natural gums, resins, gum resins and oleoresins
GST amount of rate on sale or purchase of Vegetable saps and extracts
GST amount of rate on sale or purchase of Guar meal, guar gum refined split
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The above information about GST rate on commodities under HSN code mentioned above commonly clarifies on questions explained under:
Amount of GST tax on lac, natural gums, resins, gum-resins and balsams
What is the GST rate on veg saps and extracts pectates etc. agar-agar etc.?
How much GST on natural gums, resins products?
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Indian GST charges on veg saps and extracts pectates
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GST tax on lac and Fruits in India
Lac and Shellac falls under GST exemption list